KPMG and CPX Holding ink MoU to boost cyber maturity in UAE

KPMG Lower Gulf has signed an agreement with CPX Holding (CPX), a provider of digital-first cybersecurity solutions and services based in the UAE, to strengthen cybersecurity maturity in the UAE. The agreement also seeks to assist governments and businesses in protecting their data. KPMG and CPX will collaborate on new opportunities and mutually beneficial projects as part of their partnership.

The signing ceremony took place at the KPMG Lower Gulf offices in Dubai, in the presence of Khaled Al Melhi, Chief Executive Officer, CPX, and Nader Haffar, Chairman of Middle East and South Asia, Chairman and CEO of KPMG Lower Gulf.

Nadar Haffar, Chairman and CEO of KPMG Lower Gulf, said: “The strong digital growth of the UAE has catapulted cybersecurity to the top of the agenda for business leaders today. Our collaboration will strengthen our joint market positioning and enhance both our service portfolios through the work of a team of experts in cyber-consulting, system engineering, cloud services and cybersecurity technology.”

According to the KPMG 2021 CEO Outlook Pulse Survey, CEOs worldwide ranked cyber security as the top threat to their company’s growth over the next three years, up from fifth place in 2020 and ahead of regulatory, tax, and supply chain risks. The agreement will allow KPMG and CPX to collaborate on joint marketing campaigns, such as events and thought leadership, as well as share resources to assist UAE organizations in unlocking business value and strengthening growth.

Khaled Al Melhi, CEO of CPX, said: “It is crucial for businesses today to invest in improving their cyber maturity to mitigate any cyber risks that could hamper growth and innovation. We are proud to partner with one of the largest global professional services firms in the region to implement advanced cyber solutions and services in the UAE.”